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Bitcoin Cash Outperforms Bitcoin, Ethereum; Altcoins Move Higher
7.8.2020
On a day with mostly green numbers in the crypto market, bitcoin cash (BCH) surged strongly, far outperforming both bitcoin (BTC) and ethereum (ETH) over the past 24 hours. Meanwhile, smaller altcoins DASH and LEND also stood out with strong performance overnight.
Total market...
BTC Averages Over 1 Million Active Addresses as ETH Transaction Fees Hit $2M Daily
7.8.2020
Bitcoin averaged over a million daily active addresses in the past week for the first time since January 2018. The growing usage metrics add to evidence of a rising bull market. According to data compiled by Coin Metrics, ethereum might be on course to surpass its all-time high if the bull market...
Ethereum Plummets Below $400 After Reclaiming 2-Year High
6.8.2020
Ethereum (ETH), at the time of penning down this analysis, was trading above $395, and a bullish intraday can lead to reclaim a trading position above $400. In the recent bullish crossover, at the onset of the month, ETH price crossed $400 and hit a 2-year high at $415. After having traded sideways...
Bitcoin Price En-route to New 2020 High Once Bulls Break $11.8K Resistance
6.8.2020
Bitcoin price is gearing up for a second attempt at $12,000 and altcoins continue to rally higher
Peer-to-Peer Bitcoin Trading Tops $95 Million as Sub-Saharan Africa Records Set All Time High
6.8.2020
Weekly peer-to-peer bitcoin trading volumes topped $95 million globally with several countries recording new all-time highs for the year. The record trading volumes coincided with the most bullish week for cryptocurrencies with bitcoin (BTC) briefly trading above $12,000. As data from Usefultulips...
Inside the Flash Crash & DeFi’s Most Recent All-Time High
5.8.2020
Powered by Every week, IntoTheBlock brings you an on-chain analysis of top news stories in the crypto space. Leveraging blockchain’sContinue Reading
The post Inside the Flash Crash & DeFi’s Most Recent All-Time High appeared first on CoinMarketCap Blog
Inside the Flash Crash & DeFi’s Most Recent All-Time High
5.8.2020
Powered by Every week, IntoTheBlock brings you an on-chain analysis of top news stories in the crypto space. Leveraging blockchain’sContinue Reading
The post Inside the Flash Crash & DeFi’s Most Recent All-Time High appeared first on CoinMarketCap Blog
Crypto Derivatives Set New Records, ETH Futures Set All-Time Highs, CME Open Interest Spikes
5.8.2020
Digital currency derivatives have been on fire during the last two weeks as ethereum futures volumes touched an all-time high on Sunday. The popular derivatives trading platform Deribit saw 1.9 million ETH contracts traded and CME Group is now the third-largest exchange in terms of bitcoin futures...
Chainlink Reaches New LINK Price All-Time High Eyeing $10 Next
4.8.2020
The price of Chainlink has climbed to new heights as LINK continues to be one of the strongest cryptocurrency market performers of 2020
Bitcoin Price Hits New All-Time High Against Turkish Lira
4.8.2020
As the Turkish lira hits record lows despite foreign reserve selling, Steve Hanke says that only a “gold-backed currency board” can save the economy
‘High Probability’ Bitcoin Rises as USD Sinks to 2008 Levels — Trader
4.8.2020
The U.S. dollar is at risk of falling below the lower end of a 12-year trendline as some analysts argue that this may be a bullish turning point for Bitcoin price
Bitcoin’s 10% Drop Shrugged Off – Traders Expect More Big Dips On the Way Up
4.8.2020
Bitcoin investors are shrugging off the recent drop in value that saw a loss of over 10.9% on Sunday. A number of speculators believe the price is still very bullish but expect some more big dips along the way. Meanwhile, optimism has been cushioned as onchain statistics show that exchange...
Crypto Market Sentiment Hits Yearly High; Bitcoin, Ethereum Break Records
3.8.2020
Source: iStock/da-kuk
After circling the same spot for about two weeks, crypto market sentiment score (sentscore) made another jump over the course of the past seven days, stepping into the positive zone and reaching new highs this year. The combined moving 7-day average sentscore for the top...
New 2020 Bitcoin Price High at $11,965 Proves Bulls Remain in Control
2.8.2020
Bitcoin price rallied through a key resistance zone and secured a new 2020 high $11,965
3 Reasons Why Ethereum Price Rallied 75% to Hit a 2-Year High at $395
2.8.2020
Ethereum price hit a 2-year high today and 3 factors suggest the altcoin could rally even higher
Federal Agents Arrest Suspected 17-Year-Old Twitter Hack ‘Mastermind’ in Florida
1.8.2020
On Friday a 17-year-old Tampa teenager was arrested in Florida for allegedly being the “mastermind” behind the July 15 Twitter hack that saw a great number of high profile accounts compromised. The hack also netted roughly $120,000 worth of bitcoins by leading unknowing individuals...
Bitcoin Cash Games Launches $3K Leaderboard Tournament to Celebrate the 3rd BCH Anniversary
31.7.2020
To celebrate the third anniversary of Bitcoin Cash, the world-class gaming platform Bitcoin Cash Games is launching a leaderboard tournament worth $3k. On August 1, the Bitcoin Cash community will be celebrating the network’s third anniversary and the project has come a long way since 2017....
XRP Breaches 4-Month High and Trades Above $0.24
29.7.2020
XRP, after reclaiming 30-day high in the second week of the ongoing month, extended its winning streak until the end of the month, and with that, it is now hitting the 4-month high above $0.24. XRP has always been reaping slow yet steady profits and is majorly influenced by Bitcoin and its price...
Ethereum Price Creates GPU Shortage, Some Manufacturers Blame Nvidia
29.7.2020
During the last four weeks, cryptocurrency markets have gathered significant value, and the crypto asset ethereum gained over 40% during the last 30-days. The price of ether moving northbound has caused a strain on the graphics processing unit (GPU) market, as ETH miners have become scarce....
Bakkt Futures Volume Hits $122 million, as Bitcoin Reached New 11-Month High
29.7.2020
Volumes on bitcoin futures offered by Bakkt set a record high on July 27, with 11,500 contracts traded on the institutional exchange. Altogether, the contracts are worth about $126 million, at the time of writing. Each contract is equivalent to one bitcoin (BTC). Total open interest –...